About Zuari Agro Chemicals Limited

Zuari Agro Chemicals Limited (ZACL) is a public company domiciled in India with its registered office at Jai Kisaan Bhawan, Zuarinagar, Goa. Its equity shares are listed on the National Stock Exchange of India Limited (symbol: ZUARI) and BSE Limited (code: 534742). The Group is engaged in manufacturing, trading, and marketing chemical fertilisers, water soluble fertilisers, seeds, pesticides, and related agri-input products. Its portfolio includes specialty nutrients, micronutrients, organic products, soil conditioners, agri fluids, and crop protection solutions offered through a broad agri-inputs business, retail platform, and advisory services.

ZACL’s current structure was established through a court-approved demerger of the fertiliser undertaking from Zuari Industries Limited, effective July 1, 2011. The Group has two subsidiaries and one joint venture enhancing its market reach across India. It is the sole fertiliser producer in Karnataka through a subsidiary, meeting approximately 11% of farmer demand in the state, with additional presence in Kerala, Tamil Nadu, Andhra Pradesh, Telangana, and Maharashtra. Another subsidiary runs an integrated agri-inputs platform including manufacturing and sourcing water soluble fertilisers and micronutrients, marketing crop protection chemicals, operating the “Jai Kisaan Junction” retail chain, and providing soil and crop advisory through multiple Agricultural Development Labs.

Key Milestones of Zuari Agro Chemicals Limited

• Demerger from Zuari Industries Limited creating a focused fertiliser platform effective from July 1, 2011.
• Expansion into integrated agri-inputs, retail (“Jai Kisaan Junction”), and advisory services.
• Karnataka’s only fertiliser manufacturer through its subsidiary.

Zuari Agro Chemicals Limited Business Segment

Operates mainly in chemical fertilisers, water-soluble fertilisers, seeds, pesticides, agri-inputs retail, and advisory services.

ZACL operates pan-India, with significant sales in Karnataka and notable presence in Kerala, Tamil Nadu, Andhra Pradesh, Telangana, and Maharashtra. Its product lines span fertilisers, specialty nutrients, crop protection, and advisory services.

Zuari Agro Chemicals Limited Key Management

• Saroj Kumar Poddar – Chairman & Non-Executive Director
• Akshay Poddar – Non-Executive Director
• Nitin M. Kantak – Executive Director
• Athar Shahab – Non-Executive Director
• Manish Malik – Chief Financial Officer
• Asheeba Pereira – Company Secretary (from October 1, 2024)

Latest Updates on Zuari Agro Chemicals Limited

• Proposed slump sale of granulated single super phosphate plant at Mahad to subsidiary for Rs 72.25 crore, valuation supported by independent report.
• Secured Rs 250 crore Performance Security supporting obligations related to subsidiary share transfers under group schemes.
• Re-appointment of Independent Directors and appointment of new Company Secretary.
• Surrendered exemption for Employees’ Provident Fund Trust, depositing corpus with EPFO as on January 31, 2025.